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Golden Bull: Co Is Eligible for an Additional 180 Calendar Day Period, or Until Sept 21, 2020, to Regain Compliance >DNJR

Golden Bull: Co Is Eligible for an Additional 180 Calendar Day Period, or Until Sept 21, 2020, to Regain Compliance >DNJR

金牛:Co 有資格獲得額外的 180 個日曆日期限,或直到 2020 年 9 月 21 日,以重新合規 >DNJR
道琼斯 ·  2020/03/27 05:00

Press Release: Golden Bull Limited Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period

新聞稿:金牛有限公司就第二次買入價合規期收到納斯達克通知信

Golden Bull Limited Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period

金牛有限公司就第二次買入價合規期收到納斯達克通知信

PR Newswire

美通社

BEIJING, March 26, 2020

二零二零年三月二十六日北京

BEIJING, March 26, 2020 /PRNewswire/ -- Golden Bull Limited (NASDAQ: DNJR) ("Golden Bull" or the "Company"), Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period. The Company is eligible for an additional 180 calendar day period, or until September 21, 2020, to regain compliance.

北京,2020 年 3 月 26 日/新聞通訊/-金牛有限公司(納斯達克股票代碼:DNJR)(「金牛」或「本公司」),收到納斯達克關於第二個買價合規期的通知信。公司有資格額外獲得 180 個曆日期,或直到 2020 年 9 月 21 日,以重新獲得合規性。

On September 26, 2019, the Company was notified that, based on the previous 30 consecutive business days, the Company's listed security no longer met the minimum $1 bid price per share requirement. Therefore, in accordance with Nasdaq Listing Rules (the "Rules"), the Company was provided 180 calendar days, or until March 24, 2020, to regain compliance. The listed security had not regained compliance with the minimum $1 bid price per share requirement. However, Nasdaq has determined that the Company was eligible for an additional 180 calendar day period, or until September 21, 2020, to regain compliance. The determination was based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If at any time during this additional time period the closing bid price of the Company's security is at least $1 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance and this matter will be closed.

2019 年 9 月 26 日,本公司接獲通知,基於過去連續 30 個工作日,本公司的上市證券不再符合每股 1 美元最低買入價要求。因此,根據納斯達克上市規則(「規則」),公司提供 180 個曆日,或直到 2020 年 3 月 24 日,以重新合規。上市的證券並未重新符合每股最低買入價 1 美元的要求。但是,納斯達克已確定該公司有資格獲得額外 180 個日曆日的期限,或直到 2020 年 9 月 21 日,以重新獲得合規性。有關裁定乃根據該公司符合公眾持有股份市值的持續上市規定,以及在資本市場首次上市的所有其他適用規定 (買入價規定除外) 的書面通知,以及本公司擬於第二合規期內進行反向股份分割 (如有需要) 以修復缺陷的書面通知。如果在此附加時間段內,公司證券的收市買入價至少為每股 1 美元,且連續 10 個工作日至少為 10 美元,那斯達克將提供合規性的書面確認,並將關閉此事項。

If compliance cannot be demonstrated by September 21, 2020, Nasdaq will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal Nasdaq's determination to a Hearings Panel (the "Panel"). If the Company appeals it will be asked to provide a plan to regain compliance to the Panel, and that historically Panels have generally viewed a near-term reverse stock split as the only definitive plan acceptable to resolve a bid price deficiency.

如果在 2020 年 9 月 21 日前無法證明合規性,納斯達克將提供書面通知,告知公司的證券將被除牌。當時,該公司可向聆訊小組(「小組」)提出上訴納斯達克的決定。如果該公司提出上訴,將被要求提供重新遵守事務委員會的規定的計劃,而從歷史上看,事務委員會普遍認為短期反向股票分割是唯一可接受解決買價缺陷的最終計劃。

In addition, an indicator will continue to be broadcast over Nasdaq's market data dissemination network noting the Company's non-compliance. The indicator will be displayed with quotation information related to the Company's securities on Nasdaq.com, NasdaqTrader.com and by other third-party providers of market data information. Also, a list of all non-compliant Nasdaq companies and the reason(s) for such non-compliance is posted on Nasdaq website at listingcenter.nasdaq.com. The Company will continue to be included in this list.

此外,一個指標將繼續通過納斯達克的市場數據傳播網絡廣播,指出該公司不遵守規定。該指標將顯示與公司證券有關的報價信息在 NasdaqTrader.com,NasdaqTrader.com 和其他第三方市場數據信息提供商。此外,所有不符合規定的納斯達克公司的名單以及這種不合規的原因都發佈在納斯達克網站上,網址為列表中心.nasdaq.com。該公司將繼續列入此列表中。

The Company intends to promptly evaluate options available to regain compliance, including, but not limited to, a reverse stock split if necessary. However, there can be no assurance that Company will be able to regain compliance with the applicable Nasdaq listing requirements.

公司打算及時評估可用的選擇權,以重新獲得合規性,包括但不限於在必要時進行反向股票分割。但是,不能保證公司將能夠重新遵守適用的納斯達克上市要求。

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SOURCE Golden Bull Limited

源金牛有限公司

/CONTACT: Erke Huang, erkehuang@gmail.com, +1 3473283680

/聯絡人:黃二可, erkehuang@gmail.com




(END) Dow Jones Newswires

(完) 道瓊斯通訊社

March 26, 2020 17:00 ET (21:00 GMT)

2020 年三月 26 日東部時間 17:00(格林威治標準時間 21

*DJ Golden Bull Limited Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period

*DJ 金牛有限公司就第二次買入價合規期收到納斯達克通知信



(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

(更多內容請注意) 道瓊斯通訊社

March 26, 2020 17:00 ET (21:00 GMT)

2020 年三月 26 日東部時間 17:00(格林威治標準時間 21

*DJ Golden Bull: Co Is Eligible for an Additional 180 Calendar Day Period, or Until Sept 21, 2020, to Regain Compliance >DNJR

*DJ 金牛:公司有資格獲得額外 180 個日曆日期限,或直到 2020 年 9 月 21 日,以重新合規 >DNJR



(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

(更多內容請注意) 道瓊斯通訊社

March 26, 2020 17:00 ET (21:00 GMT)

2020 年三月 26 日東部時間 17:00(格林威治標準時間 21

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